A top BCCI investigator spoke with reporter Larissa Bernardes about some of the complex money laundering schemes he encountered during his undercover work.
Mexico bolstered its anti-money laundering and counterterrorism financing regulations for banks Monday, requiring more stringent suspicious activity reporting and customer identification.
U.S. banks should be more wary of cash-strapped banks following a warning by a U.N. official that some institutions were accepting drug money to weather economic turmoil, say consultants.
Mexico and the United States will create a joint trade intelligence organization to collect and analyze data on the movement of goods between the two countries as part of an effort to stem money laundering and fraud.
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